Bulgaria sells 255.6 mln euro of 3-1/2-yr T-bonds at 0.55% yield

Bulgaria raised 500 million levs ($280.7 million/255.6 million euro) from the sale of three-and-a-half-year fixed-rate Treasury notes due in May 2025 at an auction held on Monday.

The Treasury notes were placed at a weighted average annual yield of 0.55%, the Bulgarian National Bank (BNB) said in a statement.

The government securities, which mature on May 17, 2025, carry an annual coupon of 0%.

Details follow (in millions of levs unless otherwise specified or non-applicable):

Source: BNB

(1 euro = 1.95583 levs)